Essays about: "Implied Cost of Equity"

Found 5 essays containing the words Implied Cost of Equity.

1. 1. DOES IT PAY TO BE ESG? : An empirical analysis of sustainability in the Nordic countries from a risk and valuation perspective

   University essay from Umeå universitet/Företagsekonomi

   Author : Corentin Arnou; Marcus Hammarstedt; [2021]
   Keywords : ESG; Cost of equity; Sustainable finance; Price-to-earnings ratio; Price-to-book ratio; Enterprise value to earnings before interest and taxes ratio; Covid-19; Shareholder’s theory; Stakeholder’s theory; Information asymmetry;

   Abstract : In the field of sustainable finance, Environmental-, Social- and Governance-ratings (ESG) have become an acknowledged measurement of a firm's sustainability performance. The increased awareness of sustainability issues in today's society is undeniable. READ MORE

3. 2. A European CSR study about the deviation of valuation

   University essay from Umeå universitet/Företagsekonomi

   Author : Pontus Persson; Tatiana Dykina; [2021]
   Keywords : “ESG”; “sustainability”; “CSR”; “Market value”; “intrinsic value”; “Beta”; “CAPM”; “Cost of Equity”; “residual earning”;

   Abstract : For the last decades, public authorities and private firms have emphasized their focus on integrating sustainability into corporate disclosure. The shift towards CSR instead of the traditional profit maximization narratives is evident in increased demand among various stakeholders for sustainability awareness. READ MORE

4. 3. Developing a GIS model for the assessment of outdoor recreational facilities in new cities : case study : Tenth of Ramadan City, Egypt

   University essay from Lunds universitet/Institutionen för naturgeografi och ekosystemvetenskap

   Author : Raghdaa Eissa; [2017]
   Keywords : accessibility; physical geography; GIS; recreation; geography; geographical Information Systems; Earth and Environmental Sciences;

   Abstract : With population that exceeds 90 million inhabitants, Egypt is one of the large Arab developing countries where the government policies headed towards constructing new urban communities to absorb the vast increase in population. Although the physical planning of the new urban settlements took into consideration the existence of outdoor recreational services and facilities, the quality and adequacy of these services cannot be measured only by their presence. READ MORE

5. 4. The Relationship between Expected Returns and Financial Distress Risk. Implication for Corporate Valuation

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Jan Seitz; Vilma Raisyte; [2013]
   Keywords : Financial Distress; Implied Cost of Equity; CAPM; Altman Z-Score; Distance-to-Default;

   Abstract : Using portfolio and regression analysis, this study examines the expected returns of European companies for the period 2000-2011 with respect to financial distress risk in order to provide practical implications for corporate valuation. The relationship between realized returns and financial distress risk is found to be negative, in line with the financial distress risk anomaly acknowledged in the existing literature. READ MORE

6. 5. Can the use of leverage adjustment techniques give reliable estimates of beta risk?

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Valeriia Dzhamalova; [2010]
   Keywords : financial leverage; unlevered beta; Hamada’s leverage adjustment; Business and Economics;

   Abstract : Title: Can the use of leverage adjustment techniques give reliable estimates of beta risk? Purpose: Using the sample of American companies within the five industries for the period 1994-2009 the following hypothesis shall be tested: does the use of leverage adjustment techniques over-penalize the cost of equity for a high level of debt to equity ratio. Methodology: To analyze how well the leverage adjustment works under the assumption of constant risk classes, the cross-sectional linear regression is used. READ MORE